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Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains
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Breaking News: Crucial Role Of The CLARITY Act In Avoiding A New October 10 Crypto Crash, Expert Explains

Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign?

Keshav Verma
Keshav Verma
Last Updated: December 2, 2025 10:00 pm
2 mins read
Bitcoin

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On-chain data shows that the Bitcoin investors with a holding time greater than six months have seen an upward reversal in their supply for the first time in months.

Bitcoin Long-Term Holder Supply Has Just Turned Around

As pointed out by Capriole Investments founder Charles Edwards in a new post on X, the 6-month inactive supply has recently witnessed its first uptick since April. This part of the supply, covering tokens that have been dormant (that is, not involved in any transaction on the blockchain) since at least six months ago, belongs to investors popularly known as long-term holders (LTHs).

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Statistically, the longer investors keep their coins dormant, the less likely they are to sell them in the future. As such, the LTH cohort with its relatively long holding time includes the resolute hands of the market. Despite their resilience, however, these investors have participated in selling during the past few months. Below is the chart shared by Edwards that shows the trend in the amount of supply dormant for longer than six months.

Bitcoin LTH Supply
How the supply last active 6+ months ago has changed over the last year and a half | Source: @caprioleio on X

As is visible in the graph, the drawdown in the Bitcoin LTH supply changed for the worse during the cryptocurrency’s crash last month, indicating that the diamond hands took part in a significant amount of distribution. Since this selloff, however, the decline in the metric appears to have paused, at least for now. There has even been a small increase in the indicator recently, a potential sign of a shift in investor behavior.

Something to note is that while drops in the LTH supply can correspond to selling that’s occurring in the present, the same isn’t true in the case of an increase. An uptick in the metric isn’t a sign that members of the cohort are buying right now. Rather, it suggests some accumulation occurred six months ago, and now those coins have been held long enough to mature into the group.

That said, the trend is naturally still a positive sign for Bitcoin, as it implies HODLing behavior could be becoming more dominant on the network. The last time such a shift occurred was around the time of the cryptocurrency’s lows back in April.

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What followed that LTH supply rise was BTC’s rally to new all-time highs (ATHs). Considering this, it only remains to be seen whether the latest shift toward long-term holding will lead to anything similar, or if the cryptocurrency’s decline is here to stay this time around.

BTC Price

Bitcoin briefly slipped under $84,000 on Monday, but its price has since seen some recovery as it’s now back at $87,500.

Bitcoin Price Chart
The trend in the asset’s value over the last five days | Source: BTCUSDT on TradingView
Featured image from Dall-E, Capriole.com, chart from TradingView.com
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Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

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Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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